Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.13B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.18B |
| 3 |
Apple
AAPL
|
+$836M |
| 4 |
Alibaba
BABA
|
+$807M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$566M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$429M |
| 2 |
Boeing
BA
|
+$402M |
| 3 |
Coty
COTY
|
+$284M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$104M |
| 5 |
Qualcomm
QCOM
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.82% |
| 3 | Communication Services | 1.65% |
| 4 | Financials | 1.34% |
| 5 | Healthcare | 1.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LOGM
1926
CALL
DELISTED
LogMein, Inc.
LOGM
| $9.38M | ﹤0.01% |
127,300
+8,900
| +8% | +$688K |
|
1927
PUT
Quest Diagnostics
DGX
$26.2B
| $9.37M | ﹤0.01% |
92,000
-55,300
| -38% | -$5.31M |
|
|
SC
1928
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $9.37M | ﹤0.01% |
390,900
+206,200
| +112% | +$4.59M |
|
1929
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $9.36M | ﹤0.01% |
81,300
+28,400
| +54% | +$3.19M |
|
1930
CALL
Idexx Laboratories
IDXX
$47.2B
| $9.36M | ﹤0.01% |
34,000
-27,200
| -44% | -$6.7M |
|
|
ARNA
1931
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $9.36M | ﹤0.01% |
159,595
+115,923
| +265% | +$5.99M |
|
|
LM
1932
PUT
DELISTED
Legg Mason, Inc.
LM
| $9.33M | ﹤0.01% |
243,800
-68,400
| -22% | -$2.36M |
|
1933
Prospect Capital
PSEC
$1.14B
| $9.33M | ﹤0.01% |
1,428,300
+713,411
| +100% | +$4.72M |
|
1934
PUT
Brighthouse Financial
BHF
$3.44B
| $9.32M | ﹤0.01% |
253,900
+19,200
| +8% | +$742K |
|
|
KL
1935
CALL
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $9.31M | ﹤0.01% |
217,000
-10,800
| -5% | -$375K |
|
1936
CALL
EPAM Systems
EPAM
$5.07B
| $9.31M | ﹤0.01% |
53,800
+24,000
| +81% | +$4.13M |
|
1937
PUT
Arrowhead Research
ARWR
$12.5B
| $9.3M | ﹤0.01% |
351,100
+15,000
| +4% | +$329K |
|
1938
PUT
Invesco
IVZ
$14.1B
| $9.3M | ﹤0.01% |
454,500
+16,800
| +4% | +$349K |
|
|
SMAR
1939
PUT
DELISTED
Smartsheet Inc.
SMAR
| $9.3M | ﹤0.01% |
192,100
+27,900
| +17% | +$1.19M |
|
1940
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $9.3M | ﹤0.01% |
86,800
-5,200
| -6% | -$539K |
|
1941
Neurocrine Biosciences
NBIX
$16.8B
| $9.29M | ﹤0.01% |
110,087
-3,890
| -3% | -$319K |
|
1942
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$157M
| $9.29M | ﹤0.01% |
119,000
-29,700
| -20% | -$2.27M |
|
1943
CALL
Huntsman Corp
HUN
$1.79B
| $9.28M | ﹤0.01% |
453,900
-165,000
| -27% | -$3.46M |
|
|
BREW
1944
CALL
DELISTED
Craft Brew Alliance, Inc.
BREW
| $9.27M | ﹤0.01% |
662,900
+124,400
| +23% | +$1.78M |
|
1945
MarketAxess Holdings
MKTX
$5.72B
| $9.27M | ﹤0.01% |
28,848
+20,913
| +264% | +$6.05M |
|
1946
CALL
Insulet
PODD
$9.86B
| $9.26M | ﹤0.01% |
77,600
-53,200
| -41% | -$5.45M |
|
1947
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.6M
| $9.26M | ﹤0.01% |
122,900
+43,600
| +55% | +$3.22M |
|
1948
Teck Resources
TECK
$32.9B
| $9.26M | ﹤0.01% |
401,386
+123,377
| +44% | +$2.77M |
|
1949
CALL
Olin
OLN
$2.13B
| $9.24M | ﹤0.01% |
421,900
+160,300
| +61% | +$3.57M |
|
1950
PUT
AGNC Investment
AGNC
$12.6B
| $9.24M | ﹤0.01% |
549,500
+139,600
| +34% | +$2.43M |
|
Similar funds
Susquehanna International Group's Q2 2019 Portfolio in Review
As of Q2 2019, Susquehanna International Group held 11,369 positions worth $275B, up 13% from $243B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $25.4B of net new capital in Q2 2019, opening 2,651 new positions and adding to 3,766 existing holdings. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 1.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $429M trimmed.
- Susquehanna International Group's largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 14,345,542 shares worth $4.2B.
- Susquehanna International Group added most to Alphabet (Google) Class A in Q2 2019, an estimated $1.18B increase.
- Susquehanna International Group's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $429M.
- Susquehanna International Group fully exited Goldcorp Inc in Q2 2019, selling an estimated $26.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $275B portfolio in Q2 2019.
- Susquehanna International Group opened 2,651 new positions and closed 1,221 in Q2 2019.
- Susquehanna International Group's portfolio value rose 13% quarter-over-quarter to $275B.
Based on Susquehanna International Group's 13F filing for Q2 2019, filed 14 Aug 2019.